Well, then wouldn't that make MJNA's bio of her in the filings erroneous? They state that she is currently a "Member of the Florida State Bar Association." In fact, she is NOT.

I see a lot of people here quick to bash seeking alpha and the authors of this article, but not one person has yet come forward with any rebuttal of their accusations to prove that they are indeed false. You must admit that the article raises some very disturbing issues with MJNA! Do you really like that the person controlling the company is a convicted criminal and fraudster? That can't be very reassuring to anyone holding shares.

I have been, but not trading WGAS right now because of what looks to me like some continuing dilution/incessant bid-whacking. I'll wait on the loan news to be confirmed to buy back in. Not going to buy in based on a promise...seen too much of that with WGAS to trust anything they say.

Clearly a very low-volume, well-orchestrated takedown! I wasn't even watching, since I was trading something else, and then saw what low volume it was and had to laugh. Nice shakeout! Wish I had been paying attention, could have picked up a few cheapies it looks like.

Nice article today on MJNA. It allowed me to load up on some cheapies! Weeeeeeeee!

Seriously, I knew Llamas was a criminal, but never realized what a true scumbag he really is. Not sure how shareholders can be so excited about a company controlled by scam artists, but if you can make money then more power to you! That's what we're all here for anyway.

Honestly, the way WGAS has been trading, if I could find shares to short (and cover intraday, not hold o/n), I would short any pops over .035 that didn't break .038ish, and cover in the .02s. It's been a pretty volatile little stock here recently.

LOL...that's quite possible!

CDEL is retail. When I place a bid with Optionsxpress, it routes through CDEL.

Well, it's certainly a beaten-down chart and a great setup for a huge bounce with solars being absolutely on fire this week!

Looks like some cheapies could be available in the morning, based on what I am seeing in this 10-Q.

Makes you wonder how this slipped into subpennies. Debt conversions maybe?

Sounds nice! Little more volume today. Can't wait to hear some good results!

If and WHEN this breaks .02 tomorrow, .05 doesn't look to far off on that chart!

Yes, and I see a gap that needs filling back to .0085.

Nice bullish engulfing candle today! Hope we test .04 tomorrow.

Holy hell, how many times are they going to pump this turd???

Interesting. I do like that it was able today to put in its highest close during this whole run, and highest close since June of last year.

Why not make it a QUADRUPLE double secret merger with a 3 1/2 back somersault and a full twist?

LMAO!

Hey, that's my trick, selling the low of day! LOL...

I bought close to the hod, so can't say anything, lol. Wanted to see how it played out during the day today, and it moved up well on good volume. That being said, I'll probably sell any and all gaps in the a.m.

What do we have here, Ken? Looks promising so far.

It's a sympathy play along with the weed stocks that have been running recently.

I think a test of .12 tomorrow with good volume. I loves me some PHOT!

He could be short and trying to cover.

Picked up a little SOUL today on the dip. Nice little shake there!

Ewww...guess I should have waited on some .07s. Oh well, only 5K shares, let's see what happens.

OK, took a little nibble at .09. Hopefully all of that big volume on Friday wasn't wrong, LOL.

That is incorrect. They said "we anticipate" that the O/S will be 238M as of the record date of Feb. 15th, NOT the voting date in April.

Could someone update the ibox as far as share structure please? The latest filing has it as following as of 12/31/2012:

A/S: 950,000,000
O/S: 808,238,318

I wonder what the O/S is as of today? MJNA seems to be issuing and selling lots of shares recently. My suspicions of massive dilution were correct, although the share price hasn't suffered due to the massive volume pouring in here recently.

Nice chart here! I certainly didn't expect it to look like this after the R/S, so congrats to all the longs that held. Looks like MSLP's day is still yet to come.

Hey, is that the 20 SMA I see down there?

Renee, thanks for all that you do! I don't know how many hours per week you spend reading through filings, LOL, but I sure appreciate it for one.

companies in the otc market like to use terms that give them the option to do something else

Exactly! Also, signing a "letter of intent," and "we are authorized to buy back up to xxx million shares," etc. LOL. You really have to read carefully.

Well, I'm sure that note-holders like Asher and Ironridge would get some freshly-printed, post R/S shares to introduce into the marketplace.

I am glad that CERP decided to do this filing on a Friday afternoon. Very responsible of them to do so, imho. I can remember an AMEX company release a 10-Q with 20 minutes left in the market session and panic ensued, lol...

But I don't see this guarantee that you are saying about no more dilution next week. What I see is the words:

"We anticipate that as of the record date, there will be 238,131,674 shares of our common stock issued and outstanding."

That keyword "anticipate" is far from "we guarantee," especially in penny land. However, even if there is dilution, they have been doing it responsibly, leaving the chart intact and looking great, so I don't think it's an issue.

I stand by my prediction of some panic selling on Monday though. Probably even a small gap down. We'll see. I'm waiting to buy back in, so I'm still quite bullish here.

A R/S gives them a higher price from which to crush bids from. That's the gist of it, anyways. Look at what they did (Asher and Ironridge, just to name a couple) to WGAS late last year and early into this year after a 1 for 10 R/S.

Yes, I agree with you that the immediate threat to the stock is ZERO. However, it doesn't mean that some people won't freak out and sell anyway, now does it? The market is a fickle beast. We'll see what happens Monday. I'm hoping for the best for all longs. I never like to see people get hurt.

Well this certainly doesn't look good for Monday. I'll be waiting to catch the panic sells in the morning! Hopefully I can catch some .035s. That would be nice.

I don't care whether the vote is 2 months away, peeps tend to hit the sell button whenever the evil "R/S" in mentioned. The bigger deal here, imho, is the proposal to increase the A/S to 2,000,000,000. Say they do vote yes on both, and the R/S is a 1 for 10. So, you go from an O/S of 238,000,000 to 2,380,000. But they have 2,000,000,000 shares to add into the O/S! Yikes. This is done for the benefit of note holders most of the time, like Asher and Ironridge.

Good luck to all. While there will probably be a nice dip in the morning, I don't think this will hurt this run in the short term. I won't be holding shares in early April though.

Bought a little ABIO for a swing yesterday. I think this goes back over .80 next week.

What's with the huge volume today?

Kind of a quiet board, considering this pos is breaking out huge today. I'm in at .288 today...anyone else in??? WDCO is flashing bids.

Well, that's a game-changer! Right after I was ready to write it all off, LOL. Should be a fun Friday!

Please don't compare WGAS to Exxon, lol. WGAS is in debt up to its eyeballs, no assets, and no revenues.

Wow, so now WGAS not only has no revenues from any operating wells, they don't own any interests in any operating wells either!

This is and has always been a shell created for the purpose of pumping and dumping, imho.

Weeeeeeeeeeeeee!